May River Capital LLC, a Chicago, IL-based private equity investment firm, raised its third fund, May River Capital Fund III, LP, at $500m.
The fund received commitments from a group of limited partners, including endowments and foundations, insurance companies, fund-of-funds, family offices, wealth managers, and high-net-worth individuals. In addition to commitments from its limited partners, May River Capital’s investment team, along with the firm’s operating partner network, made significant capital commitments to Fund III.
Fund III will continue May River Capital’s focus on investing in high quality, lower middle-market industrial businesses withthe potential for significant growth and value enhancement.
The firm invests in high-quality industrial growth businesses, including advanced manufacturing, engineered products and instrumentation, specialized industrial services, and value-added industrial distribution services. .
Since its founding in 2012, May River Capital has raised more than $1.2 billion in committed capital and has invested in 11 platform companies, as well as completed 17 add-on acquisitions.
FinSMEs
14/07/2023